Staff, 3:42 am
The Japanese government plans to allocate development assistance for some 60 projects in African countries, centering on infrastructure development but also covering fields as diverse as agriculture and health care, a government source said Thursday. The plan has been formulated in preparation for the sixth Tokyo International Conference on African Development, which Japan co-sponsors with the United Nations and the African Union
Oil & Gas
Staff, 2:57 am
United States Company has agreed with Ethiopia to construct the fuel pipeline linking landlocked Ethiopia to Djibouti.US secretary of state said in a statement seen by APA on Friday that the black Rhino company owned by funds from United States investment firm Blackstone Group has obtained the privilege of the construction of a 550-kilometer fuel pipeline linking Ethiopia to Djibouti.
Staff, 2:43 am
A senior U.S. official expressed alarm Wednesday over claims that Rwanda is fueling conflict in its war-torn East African neighbor Burundi. Thomas Pierriello, U.S. special envoy for the Great Lakes region, told a Senate committee in Washington that there are “credible reports” Rwanda is recruiting and training Burundian refugees as rebels to join Burundi’s armed opposition against President Pierre Nkurunziza.
Staff, 2:32 am
She never wanted to be a miner. Daphrose grew up in the rainforest, where Congo’s mountain gorillas are protected from hunters by an elite group of park rangers. When she was a teenager, Daphrose had no such protection against armed rebels, who terrorized her community. It was 2004 and her town was under siege. Attacks in the area by an array of militias targeted civilians and forced the shuttering of local aid efforts. She and her family were forced to flee.
Joe Kennedy, 6:30 pm
While riding around all day in a safari vehicle looking for wildlife can be the experience of a lifetime, it can also be super tiring. At the end of a long safari journey in Tanzania, it’s might be smart to head east to Zanzibar for some rest and relaxation. Heck, why not head straight there and spend all week relaxing? Fortunately, Zanzibar has plenty of places where you can do just that. Here are our picks for the best spa resorts in Zanzibar — Tanzania’s island paradise.
Dana Sanchez, 6:12 pm
He’s the U.K.’s richest landlord and now he has his sights set on Africa. Led by the Gerald Grosvenor, Sixth Duke of Westminster, the Grosvenor Group owns real estate on five continents and reports almost $20 billion in assets under management. They’re investing in RMB Westport, a real estate development firm with offices in six African countries that’s targeting Nigeria, Ghana, Angola and the Ivory Coast.
Dana Sanchez, 4:02 pm
Facebook wants to bring Internet connectivity to hard-to-reach parts of Africa with free Internet. In past centuries, colonialism was about exploiting resources. In the modern world, it’s digital — moving in, setting up companies and building insurmountable user bases before any other company can. An Indian social network wouldn’t stand a chance against free Facebook, Indian companies argued, and the regulator agreed. Are African entrepreneurs different?
Dana Sanchez, 12:22 pm
Daimler Trucks & Buses opened a regional center Tuesday in Nairobi and a second one Thursday in Pretoria as part of the Germany-based vehicle manufacturer’s efforts to regionalize sales and service of commercial vehicles in emerging markets. The two African centers will serve markets in South, East, Central and West Africa. A young population, growth in transport and demand for commercial vehicles are big draws for Daimler in Africa.
- Real Estate